Closed · RD-RBS-22-01-RISE · CFDA 10.755 · Discretionary
Rural Innovation Stronger Economy Grant Program
Federal grant opportunity posted by Rural Utilities Service, cataloged on Grants.gov.
- up to $10M
- Award range
- Closed
- Status
- May 19, 2022
- Close date
- 10
- Expected awards
The verdict
Rural Innovation Stronger Economy Grant Program is a closed discretionary listing from Rural Utilities Service that offered Up to $10,000,000 across 10 expected awards. Future funding cycles may be published under the same CFDA number.
- up to $10M
- award range
- Closed
- application status
- 10
- expected awards
- 10.755
- CFDA program
Opportunity snapshot. This Grants.gov announcement - Rural Innovation Stronger Economy Grant Program - is cataloged under number RD-RBS-22-01-RISE and tied to CFDA assistance listing 10.755, posted by Rural Utilities Service. Grants.gov currently shows the opportunity as closed, first posted on December 20, 2021 and last updated on April 18, 2022. The funding category is Discretionary, delivered as a grant.
Award economics. The award range on file is Up to $10,000,000. The agency has projected $10.0 million in total estimated funding for this announcement. It expects to issue 10 awards. If the agency funds the expected 10 awards from the $10.0 million estimated pool, the average award works out to roughly $1.0 million. Cost sharing or matching funds are required, meaning applicants must contribute a portion of the project budget from non-federal sources, factor this into your financial plan before drafting the proposal. Federal award ranges are often upper bounds; actual allocations reflect program appropriations, the strength of the applicant pool, and the evaluation committee's scoring.
Deadline and action path. This opportunity closed on May 19, 2022. Future funding cycles may be published under the same CFDA number, so monitoring the parent program page is the most reliable way to catch re-announcements. Every Grants.gov submission requires an active SAM.gov registration and a Unique Entity ID. Review the Eligibility section below carefully, federal eligibility categories (nonprofit, state or local government, tribal, individual, educational institution, small business) have distinct registration and reporting requirements. Pre-application outreach to the listed agency contact is permitted and often welcomed, it helps clarify scope and scoring priorities. Before acting on the deadline or award figures above, verify them directly on the official Grants.gov listing, amendments can change dates and amounts after this page was last refreshed.
Award Range
Up to $10,000,000
Close Date
May 19, 2022
Posted
December 20, 2021
Est. Total Funding
$10,000,000
Expected Awards
10
Instrument
Grant
Cost Sharing
Required
Description
The primary objective of the RISE program is to support jobs accelerator partnerships to improve the ability of distressed rural and energy communities to create high wage jobs, accelerate the formation of new businesses, and help rural communities identify and maximize local assets. Grants are awarded on a competitive basis. The minimum award per grant is $500,000 and the maximum award amount per grant is $2,000,000. Grant funds may be used to pay for up to 80 percent of eligible project costs. Grant funds may be used to pay for costs directly related to the purchase or construction of an innovation center located in a rural area; costs directly related to operations of an innovation center including purchase of equipment, office supplies, and administrative costs including salaries directly related to the project; costs directly associated with support programs to be carried out at or in direct partnership with job accelerators; reasonable and customary travel expenses directly related to job accelerators and at rates in compliance with 2 CFR 200.474; utilities, operating expenses of the innovation center and job accelerator programs and associated programs; and administrative costs of the grantee not exceeding 10% of the grant amount for the duration of the project.
Eligibility
Grants.gov lists this opportunity under eligibility category codes 01, 02, 04, 05, 06, 07, 08, 11, 12, 13, 20, 22, 23. These codes correspond to applicant types (state/local government, tribal organization, nonprofit, educational institution, individual, small business, etc.) defined in Grants.gov's own eligibility reference. See the current Grants.gov eligibility categories or check the official listing below for this opportunity's exact eligibility statement.
Official Listing on Grants.gov
View full details, application forms, and submission instructions.
Agency Contact
Rural Business-Cooperative Service Phone 202-720-1400
Key Dates
Frequently Asked Questions
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Disclaimer: This information is sourced from Grants.gov and SAM.gov and is for informational purposes only. Opportunity details, deadlines, and eligibility requirements change frequently. Always verify current information directly on Grants.gov before applying. PlainGrants is not affiliated with any federal agency.
Read our methodology - how this data is sourced, computed, and verified.
Related
| Publisher | PlainGrants |
| Sources | the SAM.gov Assistance Listings and Grants.gov |